Giving
Stocks & Securities
A Great Way to Give
Gifts of stocks and securities are a wonderful way to support Academy of the Holy Names. The full market value of the stock may be deducted as a charitable contribution and you can bypass all capital gains taxes.
When making a gift of marketable stocks and securities, be sure to transfer ownership to Academy of the Holy Names. Do not sell the stock or securities on your own. This protects you from the capital gains on any appreciation.
When making a gift of marketable stocks and securities, be sure to transfer ownership to Academy of the Holy Names. Do not sell the stock or securities on your own. This protects you from the capital gains on any appreciation.
3 Steps to Follow:
List of 3 items.
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Step 1: Gift Size
Decide the size of your gift in terms of the number of shares you wish to transfer to Holy Names. -
Step 2: Broker Instructions
Please consult your tax professional to see if this is an appropriate strategy for you. Your financial adviser will be very familiar with this process. Instruct your broker to make the transfer to the Academy of the Holy Names account with Fidelity. All of the information you will need to make a donation of stock to Holy Names can be found below:- Fidelity DTC # is 0226 (it may show up as National Financial Services
- Choose the Academy of the Holy Names Fidelity account that you would like your gift to be directed to:
- AHN Annual Fund Account
- AHN Capital Campaign Account
- AHN Endowment Account
- Contact Dianne McKnight from Hugh Johnson at 518-641-6858 for the account number that you have chosen to direct your gift of stock to.
If you are unsure about what account number to use, please call our office at 518-438-7895 ext. 219 (Nora Ritinski) to assist you.When wiring cash, please use the following information:- Wire to: JP Morgan Chase Bank, New York, NY
- ABA Number: 021000021
- For credit to: National Financial Services, LLP, Account #066196-221
- Choose the Academy of the Holy Names Fidelity account that you would like your gift to be directed to:
- AHN Annual Fund Account
- AHN Capital Campaign Account
- AHN Endowment Account
Contact: Dianne McKnightHugh Johnson Advisors LLC518-641-6858, dmcknight@hjadvisors.com -
Step 3: Contact
Once you have made a stock gift, please let our office know so we can confirm the gift with Hugh Johnson.
Contact Nora Ritinski, Director of Institutional Advancement, at 518-438-7895 ext. 219 or nritinski@ahns.org to notify her that you have made a gift of stock to the school.
This step is very important so that Holy Names is aware of your gift and can process and acknowledge it in a timely manner.
